Interested to Buy Any Domain ? << Click Here >> for more details...
why loss is posted on asset side in balance sheet?
- 2 Answers
- 5791 Views
- Vijaya Bank, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / libin kulamuttom
Capital is a liability.As loss
reduses owner's capital
we can either deduct the loss
from the capital a/c in
liability side or post it on the
asset side of a balace sheet.
Both have same effect.
| Is This Answer Correct ? | 14 Yes | 4 No |
Answer / megha gera
because all losses is adjust from our assets
| Is This Answer Correct ? | 2 Yes | 0 No |
what is apply SI post
How to prepare HSD statements in tally
In accounting, vat abbreviates what?
what is p2p and waht is the p2p cycle
How P/E ratio usefull to the different people?
0 Answers Capital IQ, Reliance,
Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!
how to calculate the income in accounting ?
why companies put ltd and pvt ltd,what is the difference?
Do you know offset accounting?
which subsidiary book is source of these:debit note,credit slip,
what is the journal entry for payment of interest for loans.?
Tell me what would you say are the most important qualities of an account manager?
Audit 
